American Scientific Resources (ASFX)

[carjac]

ty,

Someone may be loading up. However, I think we will be at these price levels for some time, unless the company begins to show profits. If you recall, Southridge, as the underwriter, was to purchase over 600 million shares at roughly .0038. As the underwriter, they will be trying to sell those shares at a premium. That is why I think we are stuck at these levels as it will take some time for them to sell all of those shares. In addition, under the equity funding agreement, the company could require Southridge to purchase substantially more shares if needed. On the plus side, Southridge will make every effort to keep the price above what they paid. We need positive news to show up in first and second quarter Q's.